Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards a line of 18657.5996. If this movement continues, the price of Hong Kong 50 Index could test 18657.5996 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end […]
A final push possible on FTSE China A50 Index
FTSE China A50 Index is heading towards 13194.0898 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]
Hong Kong 50 Index – getting close to resistance of a Falling Wedge
Hong Kong 50 Index is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the […]
What’s going on with Australia 200 Index?
Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 1.62% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 19 hours move.
FTSE China A50 Index broke through important 13046.9902 price line
FTSE China A50 Index has broken through a support line. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 12921.1006 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Hong Kong 50 Index – getting close to psychological price line
Hong Kong 50 Index is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 19 days and may test it again […]
Will FTSE China A50 Index have enough momentum to break resistance?
FTSE China A50 Index is heading towards the resistance line of a Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Channel Down and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
FTSE China A50 Index approaching support of a Triangle
FTSE China A50 Index is approaching the support line of a Triangle. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
FTSE China A50 Index experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 8.57% move on FTSE China A50 Index. The movement has happened over the last 18 days. For those trend followers among you, you may think about riding this possible trend.